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pressures. Therefore, the determinants of inflation in African countries areinvestigated, using dynamic panel data, and the … have formally adopted inflation targeting, South Africa and Ghana. The analysis is placed in the context of the global …This working paper examines the question of whether inflation targeting monetary policy is an appropriate framework for …
Persistent link: https://www.econbiz.de/10008464035
had a sizeable impact on headline, food, and tradable inflation for a panel of 29 sub-Saharan African countries from 2000 … supply chain disruptions for inflation and monetary policy in sub-Saharan Africa. Increases in supply chain pressures have … to 2022. Our findings suggest that central banks can stabilize inflation and output more efficiently by monitoring global …
Persistent link: https://www.econbiz.de/10014256875
This paper proposes that the South African Reserve Bank should pursue a 3% inflation target, instead of the current 4 ….5% midpoint of a 3%-to-6% target range. Doing so may also result in lower inflation volatility, thereby reducing nominal exchange … analysis shows that since the global financial crisis, periods of higher inflation volatility are much shorter. Thus, inflation …
Persistent link: https://www.econbiz.de/10015410635
Inflation is a monetary policy outcome, but in the short to medium term, price and wage decisions are co-determined by …, deliberately simplified messages, most of the public tends to access inflation-related information through the media. In this paper …, we examine South African newspaper articles to identify how inflation is presented in the media and the role of the media …
Persistent link: https://www.econbiz.de/10012848743
panel data model in order to make a comparison between inflation targeting countries. According to the findings of the study … monetary policies based on the inflation targeting regime. Nevertheless, there is no theoretical evidence as to which inflation … determine which inflation level is a threshold for the economic growth. The aim of this study is to examine the relationship …
Persistent link: https://www.econbiz.de/10012210632
estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …
Persistent link: https://www.econbiz.de/10012291889
Persistent link: https://www.econbiz.de/10009309023
panel data set of 41 countries in sub-Saharan Africa for the period 1991-2015. A dynamic panel model of cross …
Persistent link: https://www.econbiz.de/10012161276
The question of what really drives economic growth in sub-Saharan Africa (SSA) has been debated for many decades now. However, there is still a lack of clarity on variables crucial for driving growth as prior contributions have been executed at the backdrop of preferential selection of...
Persistent link: https://www.econbiz.de/10013380603
food price inflation, but domestic factors can mitigate these vulnerabilities. On the external side, our estimations show … food prices estimated close to unity for highly imported staples. On the domestic side, staple food price inflation is … price increases. Economic policy can lower food price inflation, as the strength of monetary policy and fiscal frameworks …
Persistent link: https://www.econbiz.de/10014079900